Articles by Tsvetana Paraskova

The ministerial committee overseeing the implementation of the OPEC output reduction agreement recommended its extension on Wednesday, just one day before the bloc’s official summit in Vienna. The agreement should be for another nine-month extension, t…

Beyond discussing the broader terms of the production cut deal, OPEC will crunch the numbers of exempt producers Libya and Nigeria this week to see if their oil production has recovered enough to justify asking or persuading them to join the pact with …

The Nigerian National Petroleum Corporation (NNPC) is aiming to strike up to US$5 billion worth of cash-for-crude prepayment deals with some of the biggest global oil traders, in a bid to raise funds for oil and gas exploration and production projects,…

Oil prices could decline to $35 a barrel next year if China and India speed up the adoption of electric cars to cope with severe pollution, Steen Jakobsen, Chief Economist & CIO at Saxo Bank, told UAE’s news outlet The National in an interview publishe…

True to his ‘anti-imperialistic’ rhetoric, Venezuela’s embattled President Nicolas Maduro now says that his country could stop selling its crude oil to the United States. “The day that they don’t want us to sell them our oil, we are just picking up our…

U.S. crude oil production is again on the rise, and exports of American crude are smashing records. But most of the U.S. oil production is light tight oil, and American exports—especially those of very light sweet crude—may hit a demand constraint next…

Royal Dutch Shell should be investigated for its alleged complicity in abuses of human rights in Nigeria’s military suppressing protests in the oil-rich Niger Delta in the 1990s, Amnesty International said on Tuesday. The human rights organization is c…

Royal Dutch Shell should be investigated for its alleged complicity in abuses of human rights in Nigeria’s military suppressing protests in the oil-rich Niger Delta in the 1990s, Amnesty International said on Tuesday. The human rights organization is c…

The proposed sale of billions of dollars worth of oil and gas stocks held by Norway’s huge wealth fund will take years to be completed, if approved, chief executive Yngve Slyngstad said on Tuesday. On November 16, the world’s largest sovereign wealth f…

Royal Dutch Shell is canceling its scrip dividend program effective this quarter, in a sign that it has really left the worst consequences of the oil price crash behind it. “The cancellation means that the fourth quarter 2017 Interim Dividend and futur…

be very risky.

be very risky.
The operations provided by this site may become operations with high level of risk, and their execution can be very risky. In case of purchase of financial instruments offered by the Website and the Services, you may incur significant losses of investment or even lose all funds on your Account. You are granted limited non-exclusive rights to use the IP contained in this site for personal, non-commercial, non-transferable use only in relation to the services offered on the site.